Bank Of The West Mortgage Rates, Fees & Info

San Francisco, CA

LEI: QOT5WN9RBKQTFRVKEV31

Tax ID: 94-0475440

4.4 stars - out of 5 stars, based on 119 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Bank Of The West is a mid-sized bank specializing in Home Purchase loans. Bank Of The West has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, San Francisco, San Jose, Denver, and Riverside among others. We have data for 234 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bank Of The West has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bank Of The West is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 5/28/23
30 Year Conventional Purchase 5.64% 5/28/23
30 Year Conventional Refi 5.65% 5/28/23
30 Year Cash-out Refi 5.87% 5/28/23
30 Year FHA Purchase 7.25% 5/28/23
30 Year FHA Refi 7.41% 5/28/23
30 Year VA Purchase 6.04% 5/28/23
30 Year USDA Purchase 6.06% 5/28/23
15 Year Conventional Purchase 5.73% 5/28/23
15 Year Conventional Refi 5.72% 5/28/23
15 Year Cash-out Refi 5.72% 5/28/23
15 Year FHA Refi 5.68% 5/28/23
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Bank Of The West Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bank Of The West. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

14,077

Origination Dollar Volume (All Markets)

$5,737,815,000

Awards

Bank of the West FHA Loans gold Bank of the West 30 Year Conventional Loans bronze
Show all (2) awards

Relative Rate

Bank Of The West's average 30 year fixed mortgage rate was 4.87%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.11%.

Relative Fees (Closing Costs)

Bank Of The West's average total fees/closing costs for a 30 year fixed rate mortgage were $6,813.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3,272 $1,754,550,000 $536,232 $7,902 4.83%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1,700 $995,540,000 $585,612 $7,612 4.74%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 806 $594,930,000 $738,127 $6,869 4.59%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 659 $231,315,000 $351,009 $5,333 4.81%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 645 $212,515,000 $329,481 $6,957 5.03%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 474 $141,230,000 $297,954 $5,437 5.06%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 195 $96,495,000 $494,846 $6,610 4.94%
Outside of Metro Areas 431 $95,235,000 $220,963 $4,919 4.99%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 223 $87,285,000 $391,413 $6,960 4.65%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 288 $85,270,000 $296,076 $6,430 5.07%
STOCKTON, CA (FHA|USDA|VA) 346 $82,680,000 $238,960 $5,219 5.34%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 118 $78,210,000 $662,797 $8,978 4.76%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 253 $71,825,000 $283,893 $5,945 4.97%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 207 $71,245,000 $344,179 $8,017 4.77%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 161 $62,985,000 $391,211 $7,430 5.26%
MODESTO, CA (FHA|USDA|VA) 245 $55,775,000 $227,653 $5,331 5.03%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 87 $44,975,000 $516,954 $6,707 4.75%
KANSAS CITY, MO-KS (FHA|USDA|VA) 188 $44,560,000 $237,021 $4,617 5.21%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 110 $43,570,000 $396,091 $7,640 4.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 67 $40,735,000 $607,985 $5,973 4.74%
VALLEJO, CA (FHA|USDA|VA) 140 $40,730,000 $290,929 $6,702 5.09%
ALBUQUERQUE, NM (FHA|USDA|VA) 239 $40,615,000 $169,937 $5,992 4.98%
SALINAS, CA (FHA|USDA|VA) 77 $40,125,000 $521,104 $6,215 4.99%
FRESNO, CA (FHA|USDA|VA) 165 $38,435,000 $232,939 $5,985 5.15%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 137 $32,525,000 $237,409 $0 5.14%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 207 $29,755,000 $143,744 $4,411 5.24%
BOISE CITY, ID (FHA|USDA|VA) 132 $28,470,000 $215,682 $4,995 4.84%
BOULDER, CO (FHA|USDA|VA) 75 $26,905,000 $358,733 $3,873 4.16%
NAPA, CA (FHA|USDA|VA) 57 $26,635,000 $467,281 $6,192 4.50%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 118 $26,060,000 $220,847 $0 4.87%
TUCSON, AZ (FHA|USDA|VA) 150 $24,150,000 $161,000 $5,155 5.44%
RENO, NV (FHA|USDA|VA) 65 $24,105,000 $370,846 $8,373 4.83%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 149 $23,785,000 $159,631 $5,057 5.01%
Glenwood Springs, CO (FHA|USDA|VA) 4 $16,580,000 $4,145,000 $16,174 2.99%
BAKERSFIELD, CA (FHA|USDA|VA) 91 $16,425,000 $180,495 $4,452 5.38%
Heber, UT (FHA|USDA|VA) 14 $15,830,000 $1,130,714 $6,547 3.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 47 $15,445,000 $328,617 $5,402 4.80%
OKLAHOMA CITY, OK (FHA|USDA|VA) 38 $14,060,000 $370,000 $4,914 4.87%
VISALIA, CA (FHA|USDA|VA) 68 $12,700,000 $186,765 $4,424 5.09%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 18 $12,440,000 $691,111 $7,039 4.58%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 67 $11,755,000 $175,448 $0 5.06%
Breckenridge, CO (FHA|USDA|VA) 23 $11,655,000 $506,739 $4,873 4.30%
CHICO, CA (FHA|USDA|VA) 46 $10,780,000 $234,348 $6,106 4.68%
MERCED, CA (FHA|USDA|VA) 44 $10,150,000 $230,682 $5,595 5.06%
GREELEY, CO (FHA|USDA|VA) 40 $9,800,000 $245,000 $4,908 5.09%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 29 $9,535,000 $328,793 $0 4.83%
WICHITA, KS (FHA|USDA|VA) 83 $8,865,000 $106,807 $4,563 5.27%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 28 $8,580,000 $306,429 $4,889 4.71%
FORT COLLINS, CO (FHA|USDA|VA) 37 $7,485,000 $202,297 $5,096 5.16%
Newport, OR (FHA|USDA|VA) 34 $6,300,000 $185,294 $6,814 4.90%
COLORADO SPRINGS, CO (FHA|USDA|VA) 22 $6,280,000 $285,455 $5,227 4.58%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 39 $6,175,000 $158,333 $4,717 5.07%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 16 $5,960,000 $372,500 $6,297 4.64%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 22 $5,850,000 $265,909 $3,884 5.06%
Gardnerville Ranchos, NV (FHA|USDA|VA) 11 $5,595,000 $508,636 $3,156 4.62%
JACKSONVILLE, FL (FHA|USDA|VA) 26 $5,020,000 $193,077 $0 4.67%
FLAGSTAFF, AZ (FHA|USDA|VA) 16 $4,990,000 $311,875 $4,597 4.93%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $4,875,000 $256,579 $0 4.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $4,875,000 $975,000 $0 4.86%
BEND, OR (FHA|USDA|VA) 11 $4,765,000 $433,182 $5,239 4.15%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 20 $4,730,000 $236,500 $0 4.47%
LAS CRUCES, NM (FHA|USDA|VA) 36 $4,640,000 $128,889 $5,971 5.18%
CHEYENNE, WY (FHA|USDA|VA) 37 $4,375,000 $118,243 $4,363 5.04%
SANTA FE, NM (FHA|USDA|VA) 14 $4,200,000 $300,000 $17,642 4.59%
MADERA, CA (FHA|USDA|VA) 17 $4,175,000 $245,588 $5,266 5.16%
Steamboat Springs, CO (FHA|USDA|VA) 10 $4,130,000 $413,000 $5,843 4.69%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 16 $3,870,000 $241,875 $0 4.37%
GRAND JUNCTION, CO (FHA|USDA|VA) 32 $3,740,000 $116,875 $3,673 5.19%
SALEM, OR (FHA|USDA|VA) 10 $3,590,000 $359,000 $10,647 4.72%
Edwards, CO (FHA|USDA|VA) 8 $3,580,000 $447,500 $12,028 4.86%
Jackson, WY-ID (FHA|USDA|VA) 4 $3,520,000 $880,000 $7,925 4.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 9 $3,505,000 $389,444 $5,514 3.97%
YUBA CITY, CA (FHA|USDA|VA) 14 $3,440,000 $245,714 $4,395 5.31%
Hailey, ID (FHA|USDA|VA) 9 $3,395,000 $377,222 $5,327 4.76%
CEDAR RAPIDS, IA (FHA|USDA|VA) 29 $3,045,000 $105,000 $4,968 4.84%
Vermillion, SD (FHA|USDA|VA) 21 $3,005,000 $143,095 $6,053 5.04%
Payson, AZ (FHA|USDA|VA) 14 $2,890,000 $206,429 $6,452 4.85%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 15 $2,845,000 $189,667 $0 4.43%
Sonora, CA (FHA|USDA|VA) 11 $2,815,000 $255,909 $4,985 5.04%
Fergus Falls, MN (FHA|USDA|VA) 14 $2,750,000 $196,429 $4,945 4.86%
Sterling, CO (FHA|USDA|VA) 14 $2,670,000 $190,714 $5,189 5.00%
Montrose, CO (FHA|USDA|VA) 12 $2,670,000 $222,500 $7,440 4.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 10 $2,580,000 $258,000 $4,686 4.63%
LINCOLN, NE (FHA|USDA|VA) 21 $2,575,000 $122,619 $3,659 4.99%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $2,535,000 $362,143 $6,145 4.69%
Clearlake, CA (FHA|USDA|VA) 16 $2,470,000 $154,375 $4,651 5.59%
Ukiah, CA (FHA|USDA|VA) 7 $2,455,000 $350,714 $3,147 4.51%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $2,385,000 $2,385,000 $0 5.70%
PUEBLO, CO (FHA|USDA|VA) 16 $2,350,000 $146,875 $7,273 4.46%
CARSON CITY, NV (FHA|USDA|VA) 10 $2,310,000 $231,000 $4,244 4.54%
Riverton, WY (FHA|USDA|VA) 13 $2,205,000 $169,615 $5,056 5.15%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $2,160,000 $270,000 $0 4.41%
Sandpoint, ID (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $8,308 3.38%
Ellensburg, WA (FHA|USDA|VA) 13 $2,145,000 $165,000 $3,494 4.38%
Marshall, MN (FHA|USDA|VA) 22 $2,120,000 $96,364 $3,979 4.71%
LONGVIEW, TX (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $0 5.16%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 12 $2,090,000 $174,167 $4,014 4.99%
BELLINGHAM, WA (FHA|USDA|VA) 4 $1,980,000 $495,000 $6,950 4.89%
GRAND ISLAND, NE (FHA|USDA|VA) 18 $1,860,000 $103,333 $3,093 4.70%
TULSA, OK (FHA|USDA|VA) 16 $1,850,000 $115,625 $4,961 5.75%
AMES, IA (FHA|USDA|VA) 16 $1,820,000 $113,750 $3,746 5.27%
ST. GEORGE, UT (FHA|USDA|VA) 5 $1,745,000 $349,000 $0 4.87%
ST. LOUIS, MO-IL (FHA|USDA|VA) 7 $1,625,000 $232,143 $3,348 5.81%
PROVO-OREM, UT (FHA|USDA|VA) 6 $1,570,000 $261,667 $5,711 4.63%
Outside of Metro Areas 5 $1,565,000 $313,000 $5,427 4.27%
Show Low, AZ (FHA|USDA|VA) 14 $1,560,000 $111,429 $4,458 5.26%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $1,510,000 $188,750 $0 4.50%
Astoria, OR (FHA|USDA|VA) 4 $1,500,000 $375,000 $6,485 4.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 4 $1,480,000 $370,000 $3,220 4.78%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $1,350,000 $675,000 $15,545 5.08%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $1,320,000 $660,000 $0 6.17%
Norfolk, NE (FHA|USDA|VA) 11 $1,315,000 $119,545 $3,815 5.24%
Ada, OK (FHA|USDA|VA) 9 $1,275,000 $141,667 $4,416 3.54%
ANCHORAGE, AK (FHA|USDA|VA) 2 $1,240,000 $620,000 $0 5.67%
Sheridan, WY (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,567 5.64%
Dodge City, KS (FHA|USDA|VA) 10 $1,230,000 $123,000 $3,509 5.29%
Oak Harbor, WA (FHA|USDA|VA) 2 $1,150,000 $575,000 $5,147 3.75%
SIOUX FALLS, SD (FHA|USDA|VA) 5 $1,125,000 $225,000 $3,273 4.71%
FARGO, ND-MN (FHA|USDA|VA) 7 $1,105,000 $157,857 $5,327 4.82%
Evanston, WY (FHA|USDA|VA) 9 $1,095,000 $121,667 $3,666 4.47%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,060,000 $176,667 $0 4.50%
Kearney, NE (FHA|USDA|VA) 10 $1,060,000 $106,000 $4,713 4.87%
MEDFORD, OR (FHA|USDA|VA) 5 $1,045,000 $209,000 $3,758 4.21%
ALBANY-LEBANON, OR (FHA|USDA|VA) 5 $1,035,000 $207,000 $3,547 4.68%
LONGVIEW, WA (FHA|USDA|VA) 2 $1,000,000 $500,000 $5,376 4.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $965,000 $965,000 $0 4.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $960,000 $480,000 $0 5.99%
Coos Bay, OR (FHA|USDA|VA) 2 $940,000 $470,000 $4,766 4.69%
Port Angeles, WA (FHA|USDA|VA) 2 $930,000 $465,000 $0 5.75%
Winfield, KS (FHA|USDA|VA) 8 $890,000 $111,250 $4,724 6.11%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $885,000 $295,000 $0 5.13%
Rock Springs, WY (FHA|USDA|VA) 8 $860,000 $107,500 $6,086 4.33%
Wahpeton, ND-MN (FHA|USDA|VA) 7 $805,000 $115,000 $5,932 4.86%
Branson, MO (FHA|USDA|VA) 2 $780,000 $390,000 $0 6.34%
Durango, CO (FHA|USDA|VA) 2 $770,000 $385,000 $4,634 3.03%
COLUMBUS, OH (FHA|USDA|VA) 1 $765,000 $765,000 $0 6.75%
Columbus, NE (FHA|USDA|VA) 6 $720,000 $120,000 $3,629 4.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $715,000 $143,000 $4,262 5.38%
Fremont, NE (FHA|USDA|VA) 6 $710,000 $118,333 $3,537 5.35%
LAWRENCE, KS (FHA|USDA|VA) 2 $710,000 $355,000 $4,061 3.69%
The Dalles, OR (FHA|USDA|VA) 3 $685,000 $228,333 $5,878 4.48%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 8 $680,000 $85,000 $3,717 5.96%
Hermiston-Pendleton, OR (FHA|USDA|VA) 5 $665,000 $133,000 $5,190 4.67%
North Platte, NE (FHA|USDA|VA) 7 $655,000 $93,571 $4,032 5.12%
LOGAN, UT-ID (FHA|USDA|VA) 2 $650,000 $325,000 $0 4.50%
Laramie, WY (FHA|USDA|VA) 3 $625,000 $208,333 $5,788 4.87%
WALLA WALLA, WA (FHA|USDA|VA) 2 $620,000 $310,000 $4,591 3.56%
REDDING, CA (FHA|USDA|VA) 5 $605,000 $121,000 $6,711 4.86%
Fort Morgan, CO (FHA|USDA|VA) 4 $590,000 $147,500 $12,140 5.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $575,000 $575,000 $0 6.03%
Ottawa, KS (FHA|USDA|VA) 8 $570,000 $71,250 $4,121 6.00%
Cedar City, UT (FHA|USDA|VA) 2 $550,000 $275,000 $5,869 4.97%
ENID, OK (FHA|USDA|VA) 7 $545,000 $77,857 $4,906 4.82%
Aberdeen, WA (FHA|USDA|VA) 2 $540,000 $270,000 $3,938 3.88%
CLEVELAND, TN (FHA|USDA|VA) 4 $530,000 $132,500 $0 4.50%
Carroll, IA (FHA|USDA|VA) 6 $530,000 $88,333 $5,439 5.77%
IOWA CITY, IA (FHA|USDA|VA) 6 $520,000 $86,667 $5,098 6.57%
EL CENTRO, CA (FHA|USDA|VA) 1 $495,000 $495,000 $6,805 4.13%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $475,000 $475,000 $0 4.45%
Ardmore, OK (FHA|USDA|VA) 4 $460,000 $115,000 $3,588 5.80%
YAKIMA, WA (FHA|USDA|VA) 4 $460,000 $115,000 $5,344 5.35%
Gillette, WY (FHA|USDA|VA) 3 $455,000 $151,667 $6,329 4.32%
Cañon City, CO (FHA|USDA|VA) 2 $450,000 $225,000 $11,396 5.41%
McPherson, KS (FHA|USDA|VA) 4 $450,000 $112,500 $5,205 5.78%
Fernley, NV (FHA|USDA|VA) 4 $450,000 $112,500 $0 5.40%
Roseburg, OR (FHA|USDA|VA) 2 $440,000 $220,000 $8,860 5.12%
Beatrice, NE (FHA|USDA|VA) 4 $430,000 $107,500 $5,309 6.12%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $430,000 $215,000 $0 7.38%
Scottsbluff, NE (FHA|USDA|VA) 4 $400,000 $100,000 $4,183 4.91%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $0 3.81%
TWIN FALLS, ID (FHA|USDA|VA) 2 $380,000 $190,000 $0 4.50%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $370,000 $185,000 $4,105 4.94%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 3 $365,000 $121,667 $8,121 4.65%
Prineville, OR (FHA|USDA|VA) 2 $360,000 $180,000 $0 6.71%
CASPER, WY (FHA|USDA|VA) 3 $355,000 $118,333 $2,693 3.85%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $350,000 $175,000 $0 7.31%
Alexandria, MN (FHA|USDA|VA) 1 $345,000 $345,000 $0 3.00%
Mountain Home, ID (FHA|USDA|VA) 2 $340,000 $170,000 $0 4.50%
BISMARCK, ND (FHA|USDA|VA) 1 $335,000 $335,000 $4,170 2.75%
Red Bluff, CA (FHA|USDA|VA) 2 $330,000 $165,000 $5,658 4.97%
Worthington, MN (FHA|USDA|VA) 5 $325,000 $65,000 $3,169 5.30%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $320,000 $160,000 $0 5.77%
La Grande, OR (FHA|USDA|VA) 2 $320,000 $160,000 $0 4.78%
GRANTS PASS, OR (FHA|USDA|VA) 3 $305,000 $101,667 $0 5.60%
Emporia, KS (FHA|USDA|VA) 1 $295,000 $295,000 $4,615 5.13%
Ontario, OR-ID (FHA|USDA|VA) 4 $290,000 $72,500 $0 5.09%
Mason City, IA (FHA|USDA|VA) 1 $275,000 $275,000 $0 3.54%
Willmar, MN (FHA|USDA|VA) 2 $270,000 $135,000 $6,262 5.06%
Kirksville, MO (FHA|USDA|VA) 1 $265,000 $265,000 $6,474 5.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $260,000 $130,000 $0 4.58%
Centralia, WA (FHA|USDA|VA) 1 $255,000 $255,000 $0 3.77%
Hutchinson, KS (FHA|USDA|VA) 5 $255,000 $51,000 $3,781 5.60%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $245,000 $245,000 $0 3.80%
Roswell, NM (FHA|USDA|VA) 1 $235,000 $235,000 $9,519 4.25%
Othello, WA (FHA|USDA|VA) 1 $225,000 $225,000 $7,826 7.63%
Craig, CO (FHA|USDA|VA) 3 $225,000 $75,000 $0 5.82%
Dickinson, ND (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.07%
DULUTH, MN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,262 4.38%
Storm Lake, IA (FHA|USDA|VA) 1 $205,000 $205,000 $5,255 4.00%
ROCHESTER, MN (FHA|USDA|VA) 2 $200,000 $100,000 $5,200 4.30%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.50%
COLUMBIA, SC (FHA|USDA|VA) 1 $185,000 $185,000 $0 3.75%
SAVANNAH, GA (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.50%
Fallon, NV (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.50%
Vernal, UT (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.50%
Taos, NM (FHA|USDA|VA) 1 $175,000 $175,000 $2,924 2.88%
Stillwater, OK (FHA|USDA|VA) 3 $165,000 $55,000 $3,935 6.18%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $165,000 $165,000 $7,781 3.88%
PITTSBURGH, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.19%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $155,000 $155,000 $3,347 3.25%
YUMA, AZ (FHA|USDA|VA) 2 $150,000 $75,000 $0 5.63%
EL PASO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.55%
Duncan, OK (FHA|USDA|VA) 1 $125,000 $125,000 $4,735 5.13%
Brainerd, MN (FHA|USDA|VA) 1 $125,000 $125,000 $3,044 6.00%
CORVALLIS, OR (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.62%
Garden City, KS (FHA|USDA|VA) 2 $120,000 $60,000 $2,380 4.56%
Marshalltown, IA (FHA|USDA|VA) 2 $120,000 $60,000 $3,165 4.67%
JOPLIN, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.49%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $105,000 $105,000 $3,543 5.63%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.63%
Blackfoot, ID (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.50%
Winnemucca, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.50%
Pahrump, NV (FHA|USDA|VA) 2 $100,000 $50,000 $0 6.45%
Lexington, NE (FHA|USDA|VA) 1 $95,000 $95,000 $3,221 2.88%
POCATELLO, ID (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.50%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.99%
Hastings, NE (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.09%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $65,000 $65,000 $3,864 6.25%
Athens, TN (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.50%
TOPEKA, KS (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.99%
Nogales, AZ (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.65%
Great Bend, KS (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.04%
Warrensburg, MO (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.52%
Huron, SD (FHA|USDA|VA) 1 $15,000 $15,000 $0 7.20%
Bank Of The West's top markets include Los Angeles, San Francisco, San Jose, Denver, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 9,119 $2,190,515,000 $240,214 n/a 5.34%
    Conventional 4,861 $3,526,355,000 $725,438 $6,429 4.05%
    FHA 84 $17,590,000 $209,405 $8,166 5.20%
    VA 11 $3,135,000 $285,000 $10,929 4.90%
    USDA 2 $220,000 $110,000 $5,295 5.63%

    For 2022, Bank Of The West's most frequently originated type of loan was HELOC, with 9,119 originations. Their 2nd most popular type was Conventional, with 4,861 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,369 $2,419,335,000 $553,750 $7,511 4.79%
    Other 3,171 $787,885,000 $248,466 $5,728 5.43%
    Home Improvement 2,659 $527,225,000 $198,279 $4,512 5.45%
    Refi 2,438 $1,129,890,000 $463,450 $4,922 4.41%
    Cash Out Refi 1,440 $873,480,000 $606,583 $6,114 3.85%

    For 2022, Bank Of The West's most frequently cited loan purpose was Home Purchase, with 4,369 originations. The 2nd most popular reason was Other, with 3,171 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 10,942 $4,933,640,000 $450,890 $6,813 4.87%
    Other 2,394 $522,660,000 $218,321 $3,551 5.37%
    15 Year 579 $167,925,000 $290,026 $4,428 3.40%
    5 Year 65 $48,985,000 $753,615 $0 5.37%
    10 Year 65 $51,815,000 $797,154 $3,267 4.92%
    20 Year 25 $4,805,000 $192,200 $4,532 3.99%
    3 Year 6 $6,480,000 $1,080,000 $0 4.73%
    1 Year 1 $1,505,000 $1,505,000 $0 8.00%

    For 2022, Bank Of The West's most frequently cited loan duration was 30 Year, with 10,942 originations. The 2nd most popular length was Other, with 2,394 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,672 $1,512,050,000 $904,336
    $5k+ 671 $696,815,000 $1,038,472
    $1k-2k 622 $167,250,000 $268,891
    $2k-3k 480 $215,730,000 $449,438
    $3k-4k 325 $190,725,000 $586,846
    $4k-5k 191 $128,335,000 $671,911

    Bank Of The West's average total fees were $6,813, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,672 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 4,013 $1,649,955,000 $411,153
    5-6% 3,450 $1,036,750,000 $300,507
    3-4% 2,730 $1,504,650,000 $551,154
    6-7% 1,651 $369,915,000 $224,055
    2.5-3% 875 $647,995,000 $740,566
    7-8% 847 $155,955,000 $184,126
    <2.5% 322 $354,930,000 $1,102,267
    Over 8% 189 $17,665,000 $93,466

    During 2022, Bank Of The West's average interest rate for loans was 4.87%, while their most frequently originated rate bucket for loans was 4-5%, with 4,013 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,055 $1,117,575,000 $275,604 $5,004 4.84%
    $100k-200k 3,668 $511,310,000 $139,397 $4,128 5.09%
    $100,000 or less 2,031 $117,745,000 $57,974 $3,779 6.01%
    $400k-600k 1,655 $803,205,000 $485,320 $5,973 4.56%
    $600k-1MM 1,342 $1,040,980,000 $775,693 $6,885 4.27%
    $1MM+ 1,326 $2,147,000,000 $1,619,155 $9,603 3.87%

    2022 saw Bank Of The West place emphasis on $200k-400k loans with 4,055 originations, totaling $1,117,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 3,759 $2,877,055,000 $765,378 $8,605 4.61%
    $150k-250k 3,113 $1,200,135,000 $385,524 $6,602 4.97%
    $100k-150k 2,219 $539,605,000 $243,175 $5,712 5.09%
    $75k-100k 1,074 $199,960,000 $186,182 $5,143 5.00%
    $50k-75k 998 $147,800,000 $148,096 $4,434 5.00%
    $50k or less 652 $71,340,000 $109,417 $4,172 4.91%

    Bank Of The West lent most frequently to those with incomes in the $250k+ range, with 3,759 originations. The second most popular income band? $150k-250k, with 3,113 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,949 $632,235,000 $324,389 $5,456 4.78%
    30-36% 1,801 $657,945,000 $365,322 $6,090 4.89%
    50-60% 1,782 $1,251,950,000 $702,553 $8,891 4.89%
    <20% 855 $292,635,000 $342,263 $5,290 4.63%
    42% 646 $206,860,000 $320,217 $6,781 5.17%
    49% 492 $211,780,000 $430,447 $7,227 4.97%
    41% 481 $172,655,000 $358,950 $6,982 4.97%
    40% 444 $150,520,000 $339,009 $5,836 4.97%
    39% 400 $141,410,000 $353,525 $5,912 4.88%
    43% 386 $154,910,000 $401,321 $6,422 4.91%
    44% 382 $157,850,000 $413,220 $5,787 4.90%
    38% 374 $137,420,000 $367,433 $6,667 5.06%
    37% 372 $132,860,000 $357,151 $6,168 4.97%
    48% 355 $151,675,000 $427,254 $5,785 4.81%
    36% 354 $137,830,000 $389,350 $6,305 4.96%
    47% 339 $177,285,000 $522,965 $6,228 4.86%
    45% 332 $159,310,000 $479,849 $7,850 4.81%
    46% 308 $148,400,000 $481,818 $6,477 4.89%
    >60% 85 $49,415,000 $581,353 $6,034 4.40%

    Bank Of The West lent most frequently to those with DTI ratios of 20-30%, with 1,949 originations. The next most common DTI ratio? 30-36%, with 1,801 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 7,379 $2,846,745,000 $385,790 $6,316 4.87%
    Asian 2,096 $1,122,310,000 $535,453 $6,859 4.78%
    Not provided 2,166 $958,810,000 $442,664 $6,676 4.94%
    Not applicable 1,919 $601,695,000 $313,546 $0 4.97%
    Asian Indian 110 $78,670,000 $715,182 $6,983 5.20%
    Black 189 $55,575,000 $294,048 $7,131 5.17%
    Chinese 32 $21,340,000 $666,875 $5,914 5.25%
    American Indian 94 $15,420,000 $164,043 $4,988 5.39%
    Other Asian 20 $10,640,000 $532,000 $6,716 5.11%
    Filipino 28 $10,430,000 $372,500 $6,611 5.83%
    Native Hawaiian or Islander 24 $5,340,000 $222,500 $10,104 5.33%
    Korean 5 $4,525,000 $905,000 $7,264 5.10%
    Vietnamese 10 $4,200,000 $420,000 $6,070 5.24%
    Japanese 3 $1,135,000 $378,333 $4,962 4.46%
    1 $895,000 $895,000 $10,335 5.25%
    Other Pacific Islander 1 $85,000 $85,000 $0 5.72%

    Approval Rates

    Total approvals of all applications
    70.78%

    Bank Of The West has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    79.57%

    Bank Of The West has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 14,077 $5,737,815,000 $407,602

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    14,077 $5,737,815,000 $407,602

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3,026 $1,048,740,000 $346,576 $5,118 4.88%
    40-60% 1,626 $1,031,990,000 $634,680 $5,645 4.13%
    60-80% 2,434 $1,851,740,000 $760,781 $7,325 4.25%
    80-100% 2,603 $1,128,545,000 $433,556 $7,121 4.84%
    Over 100% 2 $980,000 $490,000 $13,950 5.57%
    Under 20% 4,357 $664,365,000 $152,482 $4,069 5.57%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    BANK OF NEW YORK MELLON CORPORATION, THE Reverse mortgage Struggling to pay mortgage 1 100.0%